Page 1896 - Coronavirus

Letter to BS: Govt's proposed law to only help traders, big farmers

There has to be in place a mechanism of minimum purchase price to safeguard the interests of small and marginal farmers

Letter to BS: The Rs 20 trn stimulus package is a big disappointment

The actual and immediate fiscal outgo works out to just around 1% of GDP

Letter to BS: E-Vidya channels for school students need rethink

The government seems to be adopting shortcuts to keep children away from real schools and teachers as they know the poor state of the majority of our government schools

Migrant labourers start booze party in quarantine centre, face police ire

The local police booked five people including a village guard for supplying liquor to the group

Auto dealers are coming together to walk online trail to stay in the game

As carmakers and customers engage directly via digital channels of commerce, the country's 15,000-odd dealerships explore ways to stay in the game

Lockdown 4.0: Gujarat's rules stricter for containment zones, Ahmedabad

Opens up shops, offices in non-containment zones on odd-even basis, and with 50% capacity

Wall Street surges on hopes for stimulus, Covid-19 vaccine; Dow rises 3.2%

Investors have kept a close eye on vaccine programs of several drugmakers, cheering any positive development amid fears of a second wave of infections as governments start easing restrictions

Indecisive officials dealing with highway projects to face action: Gadkari

The Minister said the NHAI has resumed 95 per cent of work on war-footing now with permission to start construction activities while adhering to guidelines.

Shops to reopen odd-even basis, buses and taxis to run with curbs: Kejriwal

People boarding buses in the city will have to be screened first, he said, adding that four-wheeler vehicles, including taxis, will be allowed with only two passengers

Coronavirus impact: Textile companies fear FY21 will be a washout

Most units say there are no orders as retailers haven't resumed operations

WeWork India cuts 20% staff, says hard decisions needed to sustain pandemic

Virwani also noted in the communication that the first priority of the company is to get the maximum value from its buildings and reduce costs by the business efficiently

Uber announces safety measures as road travel set to resume across country

"Go Online Checklist" and mandatory mask policy, selfie verification among protocols to be followed by drivers and riders; non-compliance could see both geting barred

UP govt accepts Priyanka Gandhi proposal to run 1,000 buses for migrants

The UP government said the influx of migrants from the Congress ruled states like Rajasthan and Punjab was happening without proper arrangement and screening

CBSE announces schedule for pending board exams; papers between July1-15

For class 12, the Home Science exam will be held on July 1, followed by both courses of Hindi the next day

Tata Steel Dutch workers unions slam 1,000 job cut plans, vow to fight

Tata Steel employs around 9,000 people at IJmuiden, about 25 km (15.5 miles) northwest of Amsterdam

Covid-19: WHO conducts first virtual meeting amid rising US-China tension

The United States and Europe are at loggerheads over future vaccine access, while Washington has also accused China of trying to steal US immunisation research

Deep Dive with AKB - Stimulus package: No fiscal excesses, but growth prospects remain dim

In her five-tranche package, Finance Minister Nirmala Sitharaman covered measures and reforms for the MSME sector, agriculture & allied sector, the Essential Commodities Act, migrant workers, labour codes, coal and mining, power distribution, defence production, employment generation, civil aviation, PSU rationalisation, insolvency and bankruptcy code, among other things. Are these measures going to be enough to tide over the crisis facing the economy at present? What will be their short-term and long-term impact? Financially speaking, what will all this mean for the government? Let’s take a Deep Dive with AKB to understand these and more

MARKET WRAP: Stimulus package disappoints; Sensex plunges 1,069 pts

All that happened in the markets today

Economic package a lost opportunity; FY21 GDP to contract 7%: Bernstein

The overall plan, in their view, was a general economic agenda and lacked substantive decisions to support consumption, promote manufacturing.

Covid-19 impact: No comfort in hotel stocks as recovery pushed to FY23

Expectations of a slow recovery, high fixed costs and debt worries are putting off investors